NOT LISTED FOR SALE

459 Dawson Ave Long Beach, CA 90814

North Alamitos Beach Neighborhood

Estimated Value: $1,193,299 - $1,363,000

1 Bed
1 Bath
2,020 Sq Ft
$638/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $759,900 $376 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,590/month

7 Days on Market

Highlights

  • No Units Above
  • 0.16 Acre Lot
  • No HOA
  • Woodrow Wilson High School Rated A
  • Craftsman Architecture
  • Wood Frame Window

About This Home

As of April 2016

An incredible opportunity to buy a "pride of ownership" investment property in a great location. The property consists of three buildings. The front building is a charming craftsman style duplex with 2 one bedroom units. In the middle of the lot there is a two car garage and at the back of the lot there is a two story building with four more garages on the bottom and 2 one bedroom units above. Easy to rent and maintain, this property is in excellent condition and ready for the proud new owner.

Last Agent to Sell the Property

Geoff McIntosh

Coldwell Banker Realty License #00966266 Listed on: 03/11/2016

Coldwell Banker Realty

Last Buyer's Agent

Ross Gagnon

Coldwell Banker Realty License #01402317

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 6,781 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 6 Car Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Spanish Architecture
  • Property Attached
  • Flat Roof Shape
  • Permanent Foundation
  • Composition Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 2,020 Sq Ft Home
  • Wood Frame Window
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7263002006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,700
  • Net Operating Income $56,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1945 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Architectural Style: Craftsman, Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7263002006
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Appliances: Yes
  • Price Per Square Foot: 376.19
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Permanent
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Flat
  • Construction Materials: Shingle Siding, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front, Garage Faces Rear
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Paved, Sprinkler System
  • Lot Size Sq Ft: 6781.00
  • Price Per Lot Square Foot: 112.06
  • Lot Size Acres: 0.1560

Multi Family

  • Average1 Bed Area: 505
  • Gross Income: 4700.00
  • Gross Scheduled Income: 56400.00
  • Lot Size Area: 6781.0000 Square Feet
  • Net Operating Income: 56400.00
  • Number Of Rented Garages: 6
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4400.00

Tax Info

  • Tax Area: 5500
  • Tax Lot: 5
  • Tax Tract Number: PATCH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2016
Closed on
Mar 22, 2016
Sold by
Mcghee James E and Mcghee Susan J
Bought by
Jones Ryan and Jones Kendra
Seller's Agent
Geoff McIntosh
Coldwell Banker Realty
Buyer's Agent
Ross Gagnon
Coldwell Banker Realty
List Price
$759,900
Sold Price
$759,900
Current Estimated Value
$1,272,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,875
Avg. Annual Appreciation
5.55%
Original Mortgage
$569,925
Outstanding Balance
$245,710
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,042,615

Purchase Details

Closed on
Jan 15, 2014
Sold by
Pirazzi David W and Pirazzi Tina
Bought by
Pirazzi David W and Pirazzi Tina B

Purchase Details

Closed on
Nov 25, 2002
Sold by
Mcghee James E and Mcghee Susan J
Bought by
Mcghee James E and Mcghee Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.28%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Mcghee James E and Mcghee Susan J
Bought by
Mcghee James E and Mcghee Susan J

Purchase Details

Closed on
Feb 5, 2002
Sold by
Mcghee James E and Pirazzi David W
Bought by
Mcghee James E and Mcghee Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
7.15%

Purchase Details

Closed on
Apr 21, 1998
Sold by
Mcghee James E and Pirazzi David W
Bought by
Mcghee James E and Pirazzi David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.55%

Purchase Details

Closed on
Mar 16, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Mcghee James E and Pirazzi David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.55%

Purchase Details

Closed on
Jan 5, 1998
Sold by
Chien Albert
Bought by
Washington Mutual Bank Fa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Ryan $760,000 First American Title Company
Pirazzi David W -- None Available
Mcghee James E -- Gateway Title Company
Mcghee James E -- Gateway Title Company
Mcghee James E -- --
Mcghee James E -- Equity Title Company
Mcghee James E -- Stewart Title
Mcghee James E -- Stewart Title
Pirazzi David W -- Stewart Title
Mcghee James E $155,000 Stewart Title
Washington Mutual Bank Fa $101,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Ryan $569,925
Previous Owner Mcghee James E $256,000
Previous Owner Mcghee James E $255,500
Previous Owner Mcghee James E $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2016 04/19/16 Sold $759,900 0.0% $376 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $759,900 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,775 $899,560 $591,896 $307,664
2024 $11,775 $881,923 $580,291 $301,632
2023 $11,574 $864,631 $568,913 $295,718
2022 $10,872 $847,678 $557,758 $289,920
2021 $10,653 $831,058 $546,822 $284,236
2019 $10,502 $806,410 $530,604 $275,806
2018 $10,153 $790,599 $520,200 $270,399
2016 $3,371 $242,775 $134,879 $107,896
2015 $3,246 $239,129 $132,853 $106,276
2014 $3,246 $234,446 $130,251 $104,195
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Geoff McIntosh

    Coldwell Banker Realty

    (562) 243-4022

    109 Total Sales

    Geoff McIntosh
    Section Image
  • Ross Gagnon

    Buyer's Agent in 2016

    Ross Gagnon

    Coldwell Banker Realty

    (714) 724-9912

    1 in this area

    42 Total Sales

    Ross Gagnon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16052090

California Regional Multiple Listing Service (CRMLS)

APN: 7263-002-006

California Los Angeles County Long Beach 90814 North Alamitos Beach

459 Dawson Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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